Bill > HR4461

This bill aims to establish comprehensive regulations for donations to Presidential Libraries and Centers by amending section 2112 of title 44 of the United States Code. The legislation introduces strict limitations on who can donate and how much they can contribute during and after a president's term. Key provisions include prohibiting donations from registered lobbyists, federal contractors, foreign nationals, and individuals seeking or having received presidential pardons, with a two-year "cooling off" period after a president leaves office. The bill sets an aggregate donation limit of $10,000 during the president's election and first year after leaving office, with this amount to be adjusted annually for inflation. Presidential Libraries and Centers must file quarterly reports detailing donations over $200, including donor names, addresses, employers, and donation amounts, which will be published on the National Archives website. Violations can result in significant civil and criminal penalties, including fines up to $100,000 or imprisonment for up to 5 years for larger donation infractions, and the requirement to disgorge any improper donations. The bill is designed to increase transparency and reduce potential conflicts of interest in presidential library fundraising.

Government Affairs

https://www.congress.gov/bill/119th-congress/house-bill/4461/all-info